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CenterPoint Acquires 173,134 SQFT Industrial Property in Pico Rivera for $63MM

PICO RIVERA, Calif. – DAUM Commercial Real Estate Services has directed the $63 million acquisition of a 173,134 square-foot, Class A industrial property...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

148-Unit Santa Clarita Apartment Complex Sells for $54.1MM

SANTA CLARITA, Calif., Sept 14, 2021 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale...

FinanceIndustry NewsLos AngelesNews ReleasesRetail

RedCar Properties Purchases 79,500 SQFT Shopping Center in Los Angeles’ Chinatown for $29.5MM

(EDITOR’S NOTE: According to industry sources, RedCar Properties purchased the property for $29.5 million, or approximately $371 per square foot.) Robert Leveen and...

AECFeaturedIndustry NewsInland EmpireLos AngelesOrange CountySan Diego

Report: Hotel Development Likely to Pick Up in Latter Half of 2021

By Catherine Sweeney California’s hotel sector saw a record low number of hotel developments during 2020, and the early half of 2021 did...

AECIndustry NewsLos AngelesResidential

192-Unit Assisted Living Facility Planned at Bellwood Avenue in Century City

By Catherine Sweeney A 192-unit assisted living facility is being proposed in Los Angeles’ Century City neighborhood. Should it seek approval from the...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

Harbor Group International Acquires 220-unit Multifamily Community in Pomona for $46.75MM

POMONA, Calif. -- Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the...

CommercialFinanceIndustry NewsLos Angeles

144,036 SQFT Office Campus Hits Market in Valencia for $40MM

By Catherine Sweeney A 144,036-square-foot Class A office campus in Valencia recently hit the market, with initial guidance pricing of  $40 million, or...

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